
Global Artificial Intelligence in Medicine Market to 2027
Description
Global Artificial Intelligence in Medicine Market to 2027
Global Artificial Intelligence in Medicine Market Size, Trends & Growth Opportunity, By Type (Hardware, Software, and Services), By Application (Medical Administration & Support, Patient Management, Research & Development, and Others), By Region and Forecast till 2027
Global Artificial Intelligence in Medicine Market
Artificial Intelligence in medicine is utilized to analyze complex medical data by approximating human cognition with the help of algorithms & software. The development of new drug & biologicals through clinical trials can take more than a decade & cost billions of dollars during this period. This technology can help to make this process faster & cheaper. Also, helps to improve the efficiency of pharmaceutical & biotechnology companies.
Market Drivers
The rise in adoption of precision medicine is expected to boost the global artificial intelligence in medicine market growth over the forecast period. Furthermore, the growing AI-based tools in medical care as well as the increase in venture capital investments will positively influence the market growth. Also, the increase in need for lowering healthcare costs, and the increase in importance of big data in medicine industry which anticipated propelling the global artificial intelligence in medicine market growth during this forecast period. The increase in the number of cross-industry partnerships is expected to fuel the global AI in medicine market growth. Number of AI start-ups in the healthcare industry has significantly grown from the past few years & the trend is expected to be the same in near future.
Market Restraints
Lack of skilled Artificial Intelligence workforce is expected to hinder the global artificial intelligence in medicine market during this forecast period.
Market Segmentation
The Global Artificial Intelligence in Medicine Market is segmented into type such as Hardware, Software, and Services. Further, market is segmented into application such as Medical Administration & Support, Patient Management, Research & Development, and Others.
Also, the Global Artificial Intelligence in Medicine Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Atomwise Inc., Bay Labs, Inc., AICURE, LLC, Sense.ly Corporation., Medasense Biometrics Limited, Berg LLC, Modernizing Medicine Inc., Zebra Medical Vision Ltd, IBM Watson Health, etc.
Market Taxonomy
By Type
Global Artificial Intelligence in Medicine Market Size, Trends & Growth Opportunity, By Type (Hardware, Software, and Services), By Application (Medical Administration & Support, Patient Management, Research & Development, and Others), By Region and Forecast till 2027
Global Artificial Intelligence in Medicine Market
Artificial Intelligence in medicine is utilized to analyze complex medical data by approximating human cognition with the help of algorithms & software. The development of new drug & biologicals through clinical trials can take more than a decade & cost billions of dollars during this period. This technology can help to make this process faster & cheaper. Also, helps to improve the efficiency of pharmaceutical & biotechnology companies.
Market Drivers
The rise in adoption of precision medicine is expected to boost the global artificial intelligence in medicine market growth over the forecast period. Furthermore, the growing AI-based tools in medical care as well as the increase in venture capital investments will positively influence the market growth. Also, the increase in need for lowering healthcare costs, and the increase in importance of big data in medicine industry which anticipated propelling the global artificial intelligence in medicine market growth during this forecast period. The increase in the number of cross-industry partnerships is expected to fuel the global AI in medicine market growth. Number of AI start-ups in the healthcare industry has significantly grown from the past few years & the trend is expected to be the same in near future.
Market Restraints
Lack of skilled Artificial Intelligence workforce is expected to hinder the global artificial intelligence in medicine market during this forecast period.
Market Segmentation
The Global Artificial Intelligence in Medicine Market is segmented into type such as Hardware, Software, and Services. Further, market is segmented into application such as Medical Administration & Support, Patient Management, Research & Development, and Others.
Also, the Global Artificial Intelligence in Medicine Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Atomwise Inc., Bay Labs, Inc., AICURE, LLC, Sense.ly Corporation., Medasense Biometrics Limited, Berg LLC, Modernizing Medicine Inc., Zebra Medical Vision Ltd, IBM Watson Health, etc.
Market Taxonomy
By Type
- Hardware
- Software
- Services
- Medical Administration & Support
- Patient Management
- Research & Development
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Artificial Intelligence in Medicine Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
167 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Artificial Intelligence in Medicine Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Artificial Intelligence in Medicine Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Artificial Intelligence in Medicine Market Share Analysis, By Type
- 5.3 Global Artificial Intelligence in Medicine Market Size and Forecast, By Type
- 5.3.1 Hardware
- 5.3.2 Software
- 5.3.3 Services
- 6 Global Artificial Intelligence in Medicine Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Artificial Intelligence in Medicine Market Share Analysis, By Application
- 6.3 Global Artificial Intelligence in Medicine Market Size and Forecast, By Application
- 6.3.1 Medical Administration & Support
- 6.3.2 Patient Management
- 6.3.3 Research & Development
- 6.3.4 Others
- 7 Global Artificial Intelligence in Medicine Market, By Region
- 7.1 Global Artificial Intelligence in Medicine Market Share Analysis, By Region
- 7.2 Global Artificial Intelligence in Medicine Market Share Analysis, By Region
- 7.3 Global Artificial Intelligence in Medicine Market Size and Forecast, By Region
- 8 North America Artificial Intelligence in Medicine Market Analysis and Forecast (2020 – 2027)
- 8.1 Introduction
- 8.2 North America Artificial Intelligence in Medicine Market Share Analysis, By Type
- 8.3 North America Artificial Intelligence in Medicine Market Size and Forecast, By Application
- 8.4 North America Artificial Intelligence in Medicine Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe Artificial Intelligence in Medicine Market Analysis and Forecast (2020 – 2027)
- 9.1 Introduction
- 9.2 Europe Artificial Intelligence in Medicine Market Share Analysis, By Type
- 9.3 Europe Artificial Intelligence in Medicine Market Size and Forecast, By Application
- 9.4 Europe Artificial Intelligence in Medicine Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4 Rest of Europe
- 10 Asia Pacific Artificial Intelligence in Medicine Market Analysis and Forecast (2020 – 2027)
- 10.1 Introduction
- 10.2 Asia Pacific Artificial Intelligence in Medicine Market Share Analysis, By Type
- 10.3 Asia Pacific Artificial Intelligence in Medicine Market Size and Forecast, By Application
- 10.4 Asia Pacific Artificial Intelligence in Medicine Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Rest of Asia Pacific
- 11 Latin America Artificial Intelligence in Medicine Market Analysis and Forecast (2020 – 2027)
- 11.1 Introduction
- 11.2 Latin America Artificial Intelligence in Medicine Market Share Analysis, By Type
- 11.3 Latin America Artificial Intelligence in Medicine Market Size and Forecast, By Application
- 11.4 Latin America Artificial Intelligence in Medicine Market Size and Forecast, By Country
- 12 Middle East Artificial Intelligence in Medicine Market Analysis and Forecast (2020 – 2027)
- 12.1 Introduction
- 12.2 Middle East Artificial Intelligence in Medicine Market Share Analysis, By Type
- 12.3 Middle East Artificial Intelligence in Medicine Market Size and Forecast, By Application
- 12.4 Middle East Artificial Intelligence in Medicine Market Size and Forecast, By Country
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 14.1 Atomwise Inc
- 14.1.1 Overview
- 14.1.2 Offerings
- 14.1.3 Key Financials
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2 Bay Labs, Inc
- 14.2.1 Overview
- 14.2.2 Offerings
- 14.2.3 Key Financials
- 14.2.4 Business Segment & Geographic Overview
- 14.2.5 Key Market Developments
- 14.2.6 Key Strategies
- 14.3 AICURE
- 14.3.1 Overview
- 14.3.2 Offerings
- 14.3.3 Key Financials
- 14.3.4 Business Segment & Geographic Overview
- 14.3.5 Key Market Developments
- 14.3.6 Key Strategies
- 14.4 Sense.ly Corporation
- 14.4.1 Overview
- 14.4.2 Offerings
- 14.4.3 Key Financials
- 14.4.4 Business Segment & Geographic Overview
- 14.4.5 Key Market Developments
- 14.4.6 Key Strategies
- 14.5 Medasense Biometrics Limited
- 14.5.1 Overview
- 14.5.2 Offerings
- 14.5.3 Key Financials
- 14.5.4 Business Segment & Geographic Overview
- 14.5.5 Key Market Developments
- 14.5.6 Key Strategies
- 14.6 Berg LLC
- 14.6.1 Overview
- 14.6.2 Offerings
- 14.6.3 Key Financials
- 14.6.4 Business Segment & Geographic Overview
- 14.6.5 Key Market Developments
- 14.6.6 Key Strategies
- 14.7 Modernizing Medicine Inc
- 14.7.1 Overview
- 14.7.2 Offerings
- 14.7.3 Key Financials
- 14.7.4 Business Segment & Geographic Overview
- 14.7.5 Key Market Developments
- 14.7.6 Key Strategies
- 14.8 Zebra Medical Vision Ltd
- 14.8.1 Overview
- 14.8.2 Offerings
- 14.8.3 Key Financials
- 14.8.4 Business Segment & Geographic Overview
- 14.8.5 Key Market Developments
- 14.8.6 Key Strategies
- 14.9 IBM Watson Health
- 14.9.1 Overview
- 14.9.2 Offerings
- 14.9.3 Key Financials
- 14.9.4 Business Segment & Geographic Overview
- 14.9.5 Key Market Developments
- 14.9.6 Key Strategies
Pricing
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